LONGCYRX, I respect him because he got the market right. I've say it before, I don't think Tiger has a grasp on CYRX the company, but Tiger certainly understands the markets.
There's a big difference between CYRX the company, and the markets.
What would happen if the markets continue to slide, and one of us gets a margin call, or worst, we need money to pay the mortgage because one of us lost a job, or a health issue arises?
We could easily be down at .30, if not .20
CYRX a great company, and the news has been great, but the markets are dictating people's emotions. We're an over the counter stock, and we have zero revenue to show.
His argument is simple, He's scare, (he's mentioned his been burnt before with penny stocks.)the market sucks, and CYRX has yet to show him revenue growth, and his not the only one who thinks this.
I don't think he dislikes the company. It's just the current environment we're in.
I own freaking Intel, no debt, what, 25 billion in cash, controls 80% of the chip industry and I'm still getting crushed even @ $12 and change. If this market keeps going the way it is, INTC could be @ $6.00.
This is my first penny stock, and my last. I hate penny stocks, but those who invest today, IMO, will eventually walk away wealthier for it. I love CYRX, but I understand where Tiger is coming from.
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